Entertainment Stocks Play to Upside - Research Report on CBS Corporation,
Cablevision Systems Corporation, The Walt Disney Company, Netflix, Inc. and
Comcast Corporation
PR Newswire
NEW YORK, February 19, 2013
NEW YORK, February 19, 2013 /PRNewswire/ --
Today, National Traders Association announced new research reports CBS
Corporation (NYSE: CBS), Cablevision Systems Corporation (NYSE: CVC), The Walt
Disney Company (NYSE: DIS), Netflix, Inc. (NASDAQ: NFLX) and Comcast
Corporation (NASDAQ: CMCSA). Today's readers may access these reports free of
charge - including full price targets, industry analysis and analyst ratings -
via the links below.
CBS Corporation Research Report
CBS recently reported fourth quarter 2012 earnings of 64 cents per share,
jumping 14.3 percent from the same quarter a year ago. The revenue generated
from advertising and from increasing cable subscription fees drove this
increase. The company remains optimistic that its strong performance will
continue in 2013. Aside from positive earnings, CBS has also entered into a
licensing agreement with Amazon Prime, giving members access to their favorite
CBS series for instant streaming. It has also collaborated with AXS TV to
broadcast live event coverage. Analysts believe that streaming is becoming a
significant source of revenue for networks, with more users preferring to
watch their favorite shows online rather than on television. Investors have
been delighted by how CBS has been performing so far, with its stock rising by
more than 16 percent in 2013. The Full Research Report on CBS Corporation -
including full detailed breakdown, analyst ratings and price targets - is
available to download free of charge at:
http://www.NationalTradersAssociation.org/r/full_research_report/5552_CBS
--
Cablevision Systems Corporation (NYSE: CVC) Research Report
Cablevision has announced that Charter Communications Inc. has agreed to buy
Optimum West for $1.63 billion in cash. Optimum West manages cable systems in
Colorado, Montana, Wyoming, and Utah, with, 360,000 existing subscribers.
Cablevision purchased Optimum West more in 2010 for $1.37 billion. According
to Frank Louthan, an analyst at Raymond James & Co. in Atlanta, this deal is
more positive for Cablevision in the near term. With this, Cablevision will be
able to concentrate on the New York area, where most of its customers are
based. Last year, the company increased its capital spending to broaden its
Wi-Fi network, offer cloud-based program guides and offer faster broadband
speeds. With this deal, the company may now focus on competing with Verizon's
FiOS TV in its core metropolitan New York Cable systems. The transaction is
expected to close in the third quarter of 2013. The Full Research Report on
Cablevision Systems Corporation - including full detailed breakdown, analyst
ratings and price targets - is available to download free of charge at:
http://www.NationalTradersAssociation.org/r/full_research_report/3fe1_CVC
--
The Walt Disney Company (NYSE: DIS) Research Report
Disney issued its first quarter of fiscal year 2013 results earlier this
month, reporting 79 cents earnings per share, higher than analysts'
expectations of 76 cents per share. The company's continued investments in its
theme parks and resorts paid off with the segment generating 3.39 billion
dollars, jumping 7 percent from the first quarter a year before. Late last
year, Disney acquired Lucasfilm, in time for the production of Star Wars
Episode VII. Aside from the Star Wars franchise, this acquisition includes
operating businesses in live action film production as well as a substantial
portfolio of entertainment technologies. Disney believes that its combined
world-class content with Lucasfilm across multiple platforms, businesses, and
markets will generate long-term growth. The Full Research Report on the Walt
Disney Company - including full detailed breakdown, analyst ratings and price
targets - is available to download free of charge at:
http://www.NationalTradersAssociation.org/r/full_research_report/80ef_DIS
--
Netflix, Inc. (NASDAQ: NFLX) Research Report
Netflix recently won the dismissal of a shareholder lawsuit accusing the US
video rental and streaming company that it had artificially inflated its share
price. With this behind the company, Netflix can now focus on its new projects
like the launch of its first ever Netflix Original Series for Kids. The series
will be based on DreamWorks' animation movie Turbo, and will be called Turbo:
F.A.S.T. (Fast Action Stunt Team). In 2012, the company reported that its
members streamed 2 billion hours of kids' content, and this has pushed the
company to produce an original series that its young members can enjoy
exclusively. The stock has risen by more than 100 percent in 2013, with the
company planning to increase subscribers to 50 million to generate greater
revenue. The Full Research Netflix Inc. - including full detailed breakdown,
analyst ratings and price targets - is available to download free of charge
at: http://www.NationalTradersAssociation.org/r/full_research_report/adac_NFLX
--
Comcast Corporation (NASDAQ: CMCSA) Research Report
Analysts have upgraded Comcast due to excellent fourth quarter results, with
adjusted EPS up more than 22% year over year. In light of this, the company
announced a 20% increase in its dividend and a plan to execute a $2 billion
share repurchase program. It has also announced that it will acquire 49
percent of General Electric's common equity stake in NBC Universal. Comcast
believes that this deal represents its commitment to cable and broadcast
television even as the internet has given consumers more options for
entertainment. Comcast executives were impressed by the improving performance
of NBC, topping its rivals' ratings last fall. The Full Research Report on
Comcast Corporation - including full detailed breakdown, analyst ratings and
price targets - is available to download free of charge at:
http://www.NationalTradersAssociation.org/r/full_research_report/fa2b_CMCSA
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SOURCE National Traders Association